The issue opens with Batman and James Gordon questioning small time mobster Mickey Sullivan about his involvement in the murder of Harvey Dent. The two detectives apparently traced Sullivan through one of the nails used in the bomb.
When questioned Sullivan relays, through flashback, how Batman apprehended him. He was confronted in a bar about the nails. He fled into the sewer where he encountered Solomon Grundy. Batman was forced into a brief conflict with the surprised Grundy, and expresses anger over having to injur the somewhat innocent character. Sullivan confesses to his involvement in the bombing and offers to give his statement in writing.
After Sullivan leaves Batman and Gordon express amazement that he would both confess and refuse to implicate Falcone.
There is a brief interlude where Carla, sister to Carmine "The Roman" Falcone and father of the recently deceased Johnny Viti storms in on Falcone and his son Alberto as they prepare a Thanksgiving dinner. She demands justice, Falcone states that the issue is being handled.
In the holding cell Sullivan and his crew have a brief discussion of how bleak their situation looks, but that they've gone over what they need to do, and they stress the need to stick together. Each of the four remaining members confesses to their part in the bombing and offers to put it in writing. Gordon and Batman call Mickey Sullivan back up. "Mickey" turns out to be Dent in disguise in an attempt to learn something of value from the other members of Sullivan's gang. Now that Dent is revealed to be alive and the charge is lowered to attempted murder, Sullivan and his gang make bail within the hour.
The issue then begins depicting how the central characters spend the rest of their Thanksging. Harvey Dent spends the night by his wife's side in the hospital. Jim Gordon arrives home too late finding that his wife has already gone to bed. Batman leaves a plate of Thanksgiving dinner at the site of his fight with Grundy in the sewers as a sort of peace offering after the fight he regretted getting into.
Finally, Sullivan and his crew are seen to be celebrating their release. They offer a toast to The Roman for their recent prosperity. The door opens and crew is suddenly gunned down. Left at the scene is an untraceable gun and a horn of plenty. "Holiday" has struck again.